Tobacco Documents Online

r 30 June 1986 PHILIP MORRIS INTERNATIONAL SEMINAR ON TAXATION : In order to support our Corporate Affairs offices around the world in their efforts to fight damaging tax increases and methods of taxation, Philip Morris International will convene a seminar on global cigarette taxation. The substantive issues will include the effects on corporate profitability, fiscal need, tax incidence, economic effects, regressivity, collateral impacts, relationship to the health question and other economic, social and political dimensions. By means of intensive case analysis, participants will have the opportunity to dissect, analyze and draw lessons from instances where effective handling of the.tax issue led to successful outcomes for Philip Morris, and to distinguish these from situations where the outcomes were clearly less successful. In effect, the combination of tax concepts and case applications will ebable participants to deal with future tax iasues in a much- more effective manner, both in terms of the argumentation itself and in terms of using that argumentation in the political environment. ~ The seminar will be a work session, requiring the active participation of all attendees. Concrete action plans and the identification and development of essential tools to deal with cigarette taxation will be the direct outcome of the seminar. Professor Ingo Walter of New York University and INSEAD has been working with Philip Morris International to develop the program for the seminar. The proposed agenda for the two and a half day meeting is attached. The seminar will be held i®ediately following the Philip Morris Companies Inc. Corporate Affairs biannual conference in Washington D.C., commencing on the evening of September 10 and conclude September 12. It will-be held in the same hotel as the preceding conference, The Westin. Attachment